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S&P Global Markets Intelligence: Saudi Arabia's 5-year credit default swap rose 4 basis points from Friday's closing price to 93 basis points, an 11-month high. Credit default swaps in Qatar, Abu Dhabi, and Dubai also rose 4 basis points.

2026-03-09

S&P Global Markets Intelligence: Saudi Arabia's 5-year credit default swap rose 4 basis points from Friday's closing price to 93 basis points, an 11-month high. Credit default swaps in Qatar, Abu Dhabi, and Dubai also rose 4 basis points.

Other News
2026-03-09

At midday closing, most domestic futures contracts rose, with the majority rising. Contracts for European shipping, SC crude oil, fuel oil, low-sulfur fuel oil (LU), benzene, styrene, asphalt, BR rubber, liquefied petroleum gas, ethylene glycol, bott

At midday closing, most domestic futures contracts rose, with the majority rising. Contracts for European shipping, SC crude oil, fuel oil, low-sulfur fuel oil (LU), benzene, styrene, asphalt, BR rubber, liquefied petroleum gas, ethylene glycol, bottled chips, staple fiber, paraxylene, PTA, propylene, PVC, plastics, and polypropylene all hit their daily limit up. Methanol rose over 11%, palm oil rose over 6%, and caustic soda and coking coal rose over 5%. On the downside, tin and palladium fell over 2%.
2026-03-09

French President Macron: We also discussed the situations in Gaza and the West Bank. Developments in Iran and the Middle East should not slow our efforts to implement the second phase of President Trump's peace plan. We particularly call for the full

French President Macron: We also discussed the situations in Gaza and the West Bank. Developments in Iran and the Middle East should not slow our efforts to implement the second phase of President Trump's peace plan. We particularly call for the full reopening of the Rafah border crossing, as this is crucial for humanitarian aid. Amidst regional tensions, we are determined to work towards de-escalation and the restoration of peace in the Middle East.
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